Disposable Endoscopes Market Size, Trends & Growth Opportunity By Application (Bronchoscopy, Urologic Endoscopy, Arthroscopy, GI Endoscopy, ENT endoscopy, and others), By End User (Hospitals & Clinics, Diagnostics Centers, and Others), By Region and Forecast till 2027

Global Disposable Bronchoscopes Market

Bronchoscopy means to interventional pulmonology procedures carried out with the help of bronchoscope. The procedure of bronchoscopy can be performed using single use bronchoscopes or reusable bronchoscopes. Disposable endoscopes offer benefits like reduction of costs of cleaning supplies, repairs, and maintenance. It also removes the long-term service contracts for endoscopes.

Market Drivers

Transitioning from traditional open surgeries to negligibly invasive procedures for diagnostic and therapeutic purposes is one of the main factors which drive the growth of the market. Moreover, the rising incidence of lung cancer, high demand for local biopsies, increasing geriatric population, and technological advancements in the field of bronchoscopy devices are boosting the market growth. The Cost-effectiveness of disposable endoscopes over reusable endoscopes is also driving the market growth

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Market Restraints

The scarcity of trained physicians and pulmonologists is the main restraining factor for the growth of this market. High expenses of the bronchoscopes and the prevalence of the high risk of infection, supports in hindering up the bronchoscopes market share as well as the bronchoscopes market. Flexible devices of bronchoscopes are of high cost because they are inconsequentially used for improving their efficiency and their versatility. The COVID 19 challenged the prioritization of patients requiring prompt bronchoscopies. The changing regulations about surgical procedures and supply chain disruptions are few of the factors that challenged the market growth throughout the pandemic.

Market Segmentation

Disposable Bronchoscopes Market sis segmented into major 4 categories. Based on Type, the market is segmented into Flexible bronchoscopes, Rigid bronchoscopes & EBUS bronchoscopes. Based on End User, the market is segmented into Hospitals, ASCs/Clinics, others. Based on Application, the market is segmented into Bronchial Treatment, Bronchial Diagnosis. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.

Regional Analysis

North America leads the global market with a maximum revenue share in 2021. The high share was attributed to the speedy adoption of advanced technologies, demand for minimally invasive procedures, growing geriatric population, rising prevalence of chronic respiratory disorders, and advancing healthcare infrastructure in the region. Also, there is an existence of several key manufacturers, suppliers, & distributors and regulatory approvals for disposable.

Asia Pacific is expected to observe the fastest growth rate over the forecast period owing to the improving healthcare infrastructure, substantial economic development, presence of lesser regulatory frameworks, growing geriatric population, and rising prevalence of lung cancers & COPD. Furthermore, the rising opportunities associated with minimally invasive procedures are attracting international investments in the region.

Market Key Players

Some of the key players operating in Global Disposable Bronchoscopes Market are Olympus Corp.; FUJIFILM Holdings Corp.; Stryker Corp.; Boston Scientific Corp.; Karl Storz GmbH & Co. KG.; Smith & Nephew, Inc.; Richard Wolf GmbH; PENTAX Medical; AMBU A/S; NeoScope Inc

Industry development

Olympus in May 2014, discovered two unique and new endoscopes which are used for periphery and as small anatomy bronchoscopy. They are named BF-190 and BF-XP 190.

In July 2020, Ambu, a medical device manufacturer received a 510(k) clearance from the U.S. FDA clearance for its single-use duodenoscopes. The device includes single-use scope and a reusable processor. Moreover, the company launched Ambu aScope 4 Cysto, a single-use cystoscope.

The flexible endoscope was found to be so much developed. Here in this endoscope, it was found that the video clips help in the transmission of video visuals which helps in monitoring through the scope or wirelessly. This reduces the width of the endoscope.